There's good news for those who claim there's nothing new under the sun when it comes to saving on energy bills. Experts say new benefits and current conditions are making solar energy systems a practical reality for a growing number of homeowners.
With increasing power costs and concerns for the environment and about nationwide security, owners are having a look at solar power options. A new Fed. tax break, and some state and local motivations, inspires adopting solar systems. The governing body offers a tax subsidy for thirty % of the price of a solar electrical or solar heating system. There's no cap for entrepreneurs ; house owners receive a maximum $2,000 credit for each system installed.
These credits make solar electricity systems a possible solution for hot water heating and electricity production for many building owners. Many householders already benefit from solar heating for their pools and spas without state inducements.
"As awareness grows, along with summer air-conditioning bills, we expect thousands more to consider their solar options," says Brad Collins, executive director of the American Solar Energy Society, based in Boulder, Colorado. "With continued rising energy costs, consumer interest in clean, renewable energy from secure U.S. energy sources, and federal tax incentives, we believe more homeowners and business owners will look for sustainable alternatives," he adds.
In most states, another advantage of solar electric systems (also called photovoltaic or PV) is the option to send excess energy back to your local utility grid. For example, if you are a residential customer, your system may generate more electricity than you need during the day when your family is away at work and at school. Net metering allows you to send this excess electricity to the grid, spinning your meter backwards, and reducing or offsetting the electricity you use at other times.
Today, solar energy equipment is high quality and reliable; it is backed by warranties from large, reputable firms and installed by experienced contractors. There are also many resources to learn more about solar energy.
"FindSolar.com is a great beginning place to find out more about solar power and to assess the options for your own particular home or building," claims Julia Judd, executive director of the Washington, D.C.-based Solar Electrical Power organisation. "With nominal inputs, including your state, county, application, and common monthly energy bill, the site provides you with guesses of system size, costs, savings and other benefits.
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